Northwire Canada EditionTuesday, August 4, 2026
Northwire
FAIR 0.050 +0.0% ELR 0.345 +0.0% LMCU 8.77 +0.0% MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% FAIR 0.050 +0.0% ELR 0.345 +0.0% LMCU 8.77 +0.0% MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0%
M&A / Property

ValOre & VRIFY Expand Partnership in Brazil; Corporate Update

VO · Price

Executive Summary

  • ValOre Metals Corp. renewed its annual agreement with VRIFY Technology Inc., extending access to the AI‑driven “DORA” mineral discovery platform for exploration in Brazil.
  • The partnership will be applied to the 51,096‑ha Pedra Branca PGE project and to identify new acquisition targets across underexplored gold provinces in Brazil.
  • ValOre granted an aggregate of 20 million stock options (exercise price $0.12) to directors, officers and consultants, representing a new issuance well below the plan’s 10 % ceiling.

Key Details

  • Agreement Renewal: Annual contract with VRIFY extended; ValOre will integrate DORA into its exploration workflow to accelerate target generation, refine drill programs and expand resource potential at Pedra Branca.
  • AI‑Driven Targeting: DORA identified new high‑potential zones across the Pedra Branca project area; these targets will guide follow‑up work aimed at resource expansion.
  • Regional Growth Application: ValOre will use DORA to prioritize acquisition and exploration opportunities in underexplored Brazilian gold provinces, leveraging proprietary and public datasets (drilling, geochemical, geophysical, structural).
  • Collaboration Benefits: Combines VRIFY’s AI analytics with ValOre’s on‑the‑ground technical expertise to improve target confidence, reduce costs and speed discovery.
  • Stock Option Grant: 20 million options granted to directors, officers and consultants; each option exercisable at $0.12 per share for five years from grant date. No prior options existed; issuance remains well under the 10 % maximum permitted by ValOre’s stock‑option plan.
  • Qualified Person: Technical information reviewed and approved by Thiago Diniz, P.Geo., ValOre’s QP and Vice President of Exploration, in accordance with NI 43‑101.

Notable Quotes

  • “We are excited to add VRIFY’s expertise and cutting‑edge AI technology to enhance the capabilities of our top‑notch Brazilian technical team… Our collective focus will be on growth through discoveries and expanding known resources at ValOre’s Pedra Branca palladium and platinum project.” – Nick Smart, CEO, ValOre Metals Corp.
  • “Brazil hosts some of the world’s most compelling untapped mineral systems… our goal is to work with ValOre to rapidly surface drill‑ready targets, tighten associated costs, and ultimately accelerate the path to discovery across ValOre’s exploration in Brazil.” – Steve de Jong, CEO, VRIFY Technology Inc.
Read the original news release →

More from ValOre Metals Corp.